In the second half of 2023, the large majority of the complaints received by the Financial Conduct Authority (FCA) against financial service providers in the United Kingdom (UK) concerned issues with banks and building societies. General insurance intermediaries followed, with more than 335,000 complaints.
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Number of financial services complaints in the United Kingdom (UK) in 2nd half 2023, by firm type
Characteristic
Number of complaints
Bank and Building Society
875,430
General Insurance Intermediary
335,894
Life Insurer
103,714
Investment Management
46,814
Mortgage Business
21,575
Personal Investment
13,434
Securities & Futures
1,973
Other
540,075
Created with Highcharts 7.2.2Number of complaints875,430875,430335,894335,894103,714103,71446,81446,81421,57521,57513,43413,4341,9731,973540,075540,075Bank and Building SocietyGeneral Insurance IntermediaryLife InsurerInvestment ManagementMortgage BusinessPersonal InvestmentSecurities & FuturesOther
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Financial Conduct Authority. (October 19, 2023). Number of financial services complaints in the United Kingdom (UK) in 2nd half 2023, by firm type [Graph]. In Statista. Retrieved July 06, 2025, from https://www.statista.com/statistics/415694/number-of-complaints-financial-services-by-firm-uk/
Financial Conduct Authority. "Number of financial services complaints in the United Kingdom (UK) in 2nd half 2023, by firm type." Chart. October 19, 2023. Statista. Accessed July 06, 2025. https://www.statista.com/statistics/415694/number-of-complaints-financial-services-by-firm-uk/
Financial Conduct Authority. (2023). Number of financial services complaints in the United Kingdom (UK) in 2nd half 2023, by firm type. Statista. Statista Inc.. Accessed: July 06, 2025. https://www.statista.com/statistics/415694/number-of-complaints-financial-services-by-firm-uk/
Financial Conduct Authority. "Number of Financial Services Complaints in The United Kingdom (Uk) in 2nd Half 2023, by Firm Type." Statista, Statista Inc., 19 Oct 2023, https://www.statista.com/statistics/415694/number-of-complaints-financial-services-by-firm-uk/
Financial Conduct Authority, Number of financial services complaints in the United Kingdom (UK) in 2nd half 2023, by firm type Statista, https://www.statista.com/statistics/415694/number-of-complaints-financial-services-by-firm-uk/ (last visited July 06, 2025)
Number of financial services complaints in the United Kingdom (UK) in 2nd half 2023, by firm type [Graph], Financial Conduct Authority, October 19, 2023. [Online]. Available: https://www.statista.com/statistics/415694/number-of-complaints-financial-services-by-firm-uk/
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